Additional Listing Announcement
| AXIS REAL ESTATE INVESTMENT TRUST |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") that allows Unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT |
| No. of shares issued under this corporate proposal | 5,380,523 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 1.5000 |
| Par Value ($$) | Malaysian Ringgit (MYR) 0.000 |
Latest issued and paid up share capital after the above corporate proposal in the following |
|
| Units | 1,105,173,591 |
| Currency | Malaysian Ringgit (MYR) 0.000 |
| Listing Date | 17 Jun 2016 |
| Remarks : |
(1) After taking into consideration the estimated expenses of approximately RM45,000, the unitholders' capital after the IDRP is RM1,060.30 million. (2) The new units issued pursuant to the IDRP are in conjunction with Axis-REIT's 2016 First Interim Income Distribution. This announcement is dated 16 June 2016. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 16 Jun 2016 |
| Category | Additional Listing Announcement |
| Reference Number | ALA-14062016-00003 |
